Outcome of the 14th meeting of the Committee of Creditors of the Company held on Friday, September 12, 2025.
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Cian Healthcare's Committee of Creditors (CoC) held its 14th meeting on September 12, 2025, chaired by Resolution Professional Roshen Chordiya under the ongoing Corporate Insolvency Resolution Process (CIRP). The CoC noted the audited standalone financial results for FY ended March 31, 2025 and approved an extension of the AGM for FY 2024-25. Three matters were put to vote: an amendment to clause 7.4(k) & 8 of the resolution plan submitted by Mr. Pradeep Kumar Jain regarding accounting treatment, ratification of CIRP costs incurred by the Resolution Professional for August 15-31, 2025, and an inter se adjustment in amounts payable to operational creditors.
The company remains under CIRP with the insolvency process actively progressing. For equity shareholders, this is concerning as they are last in the priority for repayments under IBC, and the outcomes of these creditor-level votes will shape the final resolution plan that gets submitted to NCLT for approval.